While the average travel reward gives you 1 cent per point, you only get 6 cents
per point for statement credits.
Not exact matches
Depending on the
credit card, you can earn bonus
points per dollar spent or even a dollar -
for - dollar
statement credit toward airline fees or onboard purchases.
Whereas similar cards, like the Capital One Venture, let you redeem
points for travel
statement credit at 1 cent
per mile, the Chase Sapphire Preferred will let you transfer
points at a 1:1 ratio to one of its partners, creating the potential
for way more value.
You can then redeem the miles you've earned
for statement credits on travel expenses at a rate of 1 cent
per point.
Your rewards come in the form of
points with a value of $ 0.01
per point (so 2,500
points can be redeemed
for a $ 25
statement credit,
for example).
The other option, which is redeeming
for statement credits, will only yield a value of one cent
per point.
Most redemption options will give you a value of 1 cent
per point, including redeeming
points for online shopping,
statement credit or cash back, and donations.
If you want to redeem
for statement credit instead, Chase UR gives you 1 cent
per point, while AMEX MR is only 0.6 cents
per point.
Additionally, the card includes premium perks such as 2x
points per $ 1
for travel and restaurants, has no foreign transaction fees, and offers $ 200 in travel
statement credits.
All purchases earn 1.5 x
points per $ 1 and can be redeemed
for travel - related
statement credits, making this a powerful travel
credit card
for cardholders searching
for cheap deals using their preferred booking portal.
You can get
statement credits, gift cards, or other merchandise
for usually 1 cent
per point or less.
You can redeem your rewards
for cashback at the fixed rate of one cent
per point by way of a
statement credit to your card or a deposit to your bank account.
American Express allows you to take a
statement credit for your MR
points at a value of.006
per point.
You can redeem 10,000
points for a $ 25
statement credit, yielding a mere 0.25 cent
per point.
Your best bet if you want to redeem Ultimate Rewards
for purposes other than travel is to simply request a
statement credit or check at 1 cents
per point.
Since my American Express
credit card
statement closed I want to report on my experiment testing whether 7 - 11 store locations (where Vanilla Reload Network and PayPal Cash cards are sometimes available
for purchase with
credit cards) would earn bonus
points with the American Express Hilton card, which gives 5 HHonors
points per dollar spent «on gasoline at U.S. stand - alone gas stations.»
For instance, if you use points for statement credit, you will only get a value of $ 0.006 per poi
For instance, if you use
points for statement credit, you will only get a value of $ 0.006 per poi
for statement credit, you will only get a value of $ 0.006
per point.
You'll be able to redeem your ThankYou Rewards
points directly
for a cash
statement credit at a rate of 1 cent
per point.
Chase Ultimate Reward
points can also be used
for statement credits, gifts cards, and a wide variety of other products through the Chase shopping portal, but that only offers a value of 1 cent
per point, which is definitely not the best use of this valuable
point currency.
You're also able to use the money
for statement credit, but again you will only earn $ 0.01
per mile, which under - utilizes your
points» potential.
For example, redeeming for a cruise with a value of $ 499.99 or less will equal a value of one cent per point toward a statement credit, but when redeeming for a cruise valued at $ 500 to $ 1,499.99, your points are worth 1.25 cents ea
For example, redeeming
for a cruise with a value of $ 499.99 or less will equal a value of one cent per point toward a statement credit, but when redeeming for a cruise valued at $ 500 to $ 1,499.99, your points are worth 1.25 cents ea
for a cruise with a value of $ 499.99 or less will equal a value of one cent
per point toward a
statement credit, but when redeeming
for a cruise valued at $ 500 to $ 1,499.99, your points are worth 1.25 cents ea
for a cruise valued at $ 500 to $ 1,499.99, your
points are worth 1.25 cents each.
If you do not have any travel plans, you can always redeem FlexPoints
for 1 cent each
for statement credit or 1.4 cents
per point towards the annual fee.
You can redeem
points for credit card
statement credits at 0.5 cents
per point.
Whereas similar cards, like the Capital One Venture, let you redeem
points for travel
statement credit at 1 cent
per mile, the Chase Sapphire Preferred will let you transfer
points at a 1:1 ratio to one of its partners, creating the potential
for way more value.
Every 7,500
points that you earn is enough
for a $ 100
statement credit toward travel purchases made on the Card (1.33 cents
per point redemptions)
The
points can be redeemed at 1 cent
per point for cash back /
statement credits and
for other things, such as gift cards through the Go Far Rewards portal.
These miles are redeemed at 1 cent
per point for travel so that means you'll earn the equivalent of $ 460 worth of
statement credit that can be applied against your travel purchases.
Gift cards are redeemed at a value of 1.0 cents
per point while
statement credits redeem
for.7 cents
per point.
You'll be able to redeem
points for statement credit (at a rate of 1 cent
per point) or
for an elevated rate of 1.25 cents each toward travel booked through Ultimate Rewards.
The Spark Miles is the business card version of the Capital One Venture where you always earn 2 miles
per $ 1 and each
point is worth 1 cent each and can be redeemed
for award travel through Capital One or as a travel
statement credit.
Amex also allows redemptions
for statement credits and merchandise, but at rates far below 1 cent
per point, it's best to avoid these options.
Points can be redeemed
for cash back in the form of a
statement credit, but only at a rate of 0.6 cents
per point.
Most redemption options will give you a value of 1 cent
per point, including redeeming
points for online shopping,
statement credit or cash back, and donations.
You can get
statement credits, gift cards, or other merchandise
for usually 1 cent
per point or less.
In addition to earning unlimited two miles back
per $ 1 spent on everything (including travel), you can redeem the miles
for a 1 -
point - to -1-cent ratio (e.g., 10,000
points to redeem $ 100) on travel
statement credits, which is
credit that goes toward reducing your balance.
It earns five
points per dollar on Priceline purchases, and those
points are worth 1.5 cents each when redeemed
for statement credits toward Priceline.com purchases.
These
points can be redeemed
for cash (1 cents
per point via
statement credit) or towards travel (2.0 cents
per point).
And while I definitely would never redeem Ultimate Rewards
for a
statement credit, the
points to redeem at one cent
per point almost double the rate of Membership Rewards.
The 3
point per dollar, no - annual - fee card is still available though, offering 10,000
points after $ 1,000 in purchases within 90 days, worth up to $ 200 in
statement credits against Travelocity purchases (see my June post
for more information about redemptions).
I don't like that Uber
credits can only be used in the US but it's great that you can also use your
points earned
for other redemptions, such as gift cards,
statement credits, or bank deposits in $ 25 increments and at a 1 cent
per point rate.
Since these miles are redeemed at 1 cent
per point for travel that means you'll earn the equivalent of $ 460 worth of
statement credit that can be applied against your travel purchases.
The redemption rate remains at 1 cent
per point for gift cards and charitable redemptions but if you're trying to redeem
for a check or
statement credit, it drops down to.5 cents
per point.
The redemption rate remains at 1 cent
per point for gift cards and charitable redemptions but if you're trying to redeem
for a check or
statement credit, it drops down to.5 cents
per point (not worth it in my opinion).
Anyone can redeem
points for cash back (either a
statement credit or a gift card to a participating retailer), getting one cent
per point.
You can redeem the
points you earn
for statement credits at a fixed rate of 1 cent
per point.
Imho, you would have to generate significant amount of reward eligible purchases with that additonal 50 cent
points per $ 100 SPENDING to make it appear worthwhile the hassle of remembering (usually right) before December EACH YEAR to ask Rogers / Fido (other than towards Rogers / Fido store / stuff)
for your hUge cash payout as next January
statement credit ONLY; thus finally getting back ~ all Fido / Rogers» 2.5 % FX fees you loaned / paid them except FX fees Fido / Rogers bank keeps from any purchase returns / cancels / reversals, atm cash / cash advance needs and any cash - like transactions (e.g., pre-paid load, «lottery tickets, casino gaming chips») in «foreign currency» where you get zero / no rewards rebating them.
The Membership Rewards program really falls short on its cash back redemption option — you get a very low value of 0.6 cent
per point when you redeem
points for statement credits.
You can redeem
for a
statement credit to your card or
for an Amazon purchase, but only at a rate of 0.005 cents
per point.
Card offers one Blue Sky reward
point per $ 1 spent, and you can redeem 7,500
points for a $ 100
statement credit for travel purchases.
With these types of cards, the
points are usually valued at one cent
per point, meaning
for every 10,000
points earned, you will receive $ 100 in
statement credits.